Press release
Hemodialysis Market: Prospects, Growth Trends and Key Drivers for 2024-2029
Hemodialysis Market Share
What Is The Projected Market Size Of The Global Hemodialysis Market And Its Growth Rate?
The global hemodialysis market is witnessing steady growth:
• Market size for 2024: $91.91 billion
• Estimated growth for 2025: $96.28 billion (4.8% CAGR)
• Projected market size for 2029: $125.15 billion (6.8% CAGR)
Key growth factors include rising chronic kidney disease incidence, growing renal health awareness, and increasing healthcare expenditure. Major trends in the forecast period include technological advancements, patient-centric devices, and personalized treatment approaches in nephrology.
What Is Driving The Growth In The Hemodialysis Market?
The primary driver for the growth in the hemodialysis market is the rising prevalence of kidney failure. Poor filtration and cleaning of waste and excess fluids from the blood due to decreased kidney function necessitates the use of hemodialysis. For instance, the Nephrology Dialysis Transplantation reports indicate that between 2022 and 2032, the UK is projected to witness a 4% increase in Chronic Kidney Disease cases. Such factors reinforce the increasing significance and demand for hemodialysis.
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Who Are the Key Players Driving Hemodialysis Market Growth?
Key players in the hemodialysis market include:
• Asahi Kasei Corporation
• B. Braun Melsungen AG
• Baxter International Inc.
• DaVita Inc.
• Fresenius Medical Care AG & Co. KGaA
• Nikkiso Co. Ltd.
• Nipro Corporation
• NxStage Medical Inc.
• Cantel Medical Corp.
• Diaverum
• Becton Dickinson And Company
• Toray Medical Co. Ltd.
• Outset Medical Inc.
What Are The Key Trends In The Hemodialysis Market?
Emerging trends in the hemodialysis market indicate:
• Uptake of minimally invasive procedures
• Integration with imaging and diagnostics for improved patient care
• Increased usage of patient-friendly devices
• Personalized treatment approaches in nephrology
• Regulatory support for home hemodialysis
What Are The Segments Of The Global Hemodialysis Market?
The global hemodialysis market is segmented on:
• Type: Conventional Hemodialysis, Short Daily Hemodialysis, Nocturnal Hemodialysis
• Component: Dialyzer, Dialysis Solution, Tubes, Catheter, Other Components
• End-User: Hospitals, Specialty Clinics, Home-Care Settings, Other End Users
Which Region Leads The Hemodialysis Market?
In 2024, North America held the largest share in the hemodialysis market. However, the Asia-Pacific region is expected to experience the fastest growth during the forecast period.
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What Is Covered In The Hemodialysis Market Global Market Report?
- Market Size Analysis: Analyze the Hemodialysis Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hemodialysis Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hemodialysis Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hemodialysis Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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